Hirogin Sustainability Profile
Hirogin, officially known as Hirogin Co., Ltd., is a prominent player in the financial services industry, headquartered in Japan (JP). Established in 1952, the company has evolved significantly, expanding its operations across major regions in Asia. Specialising in banking and financial solutions, Hirogin offers a range of services including personal banking, corporate finance, and investment management. What sets Hirogin apart is its commitment to innovation and customer-centric solutions, ensuring tailored financial products that meet diverse client needs. With a strong market position, Hirogin has achieved notable milestones, including recognition for its sustainable banking practices and digital transformation initiatives. As a trusted financial partner, Hirogin continues to enhance its reputation through excellence in service and a focus on community development.
DitchCarbon Score
How does Hirogin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hirogin's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hirogin's reported carbon emissions
In 2022, Hirogin reported total carbon emissions of approximately 10,716,400 kg CO2e. This figure includes Scope 1 emissions of about 1,365,300 kg CO2e, Scope 2 emissions of approximately 9,351,100 kg CO2e, and Scope 3 emissions totalling around 1,800,600 kg CO2e, which encompasses categories such as business travel, employee commute, and purchased goods and services. Hirogin's emissions have shown a downward trend over recent years. For instance, in 2021, total emissions were approximately 12,267,500 kg CO2e, and in 2020, they reached about 14,157,400 kg CO2e. This indicates a significant reduction in emissions over the two-year period. Despite these reductions, Hirogin has not set specific science-based targets or formal climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation, maintaining its own emissions reporting and climate strategy. Overall, Hirogin's commitment to reducing its carbon footprint is evident through its decreasing emissions figures, although further formal commitments could enhance its climate action profile.
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| 2013 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 2,283,500 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,920,800 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 17,291,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Hirogin's Industry?
How Carbon Intensive is Hirogin's Location?
Hirogin's Scope 3 Categories Breakdown
Hirogin's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 4% since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 61% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 73% of Scope 3 emissions.
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Hirogin's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hirogin has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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